Friday, February 12, 2010
AFP,
AFP,
JPMorgan’s CEO, Jamie Dimon, reaps $16 million bonus
WASHINGTON — Jamie Dimon, chief executive and chairman of Wall Street investment giant JPMorgan Chase, reaped a 2009 bonus of about 16 million dollars in shares and options on shares, a bank spokesman said Friday.
News about Dimon's hefty bonus comes amid a public furor over big bonuses that some blame for the excessive risk taking that fuelled the global financial crisis.
In a filing with the Securities and Exchange Commission on Friday, Dimon, who has a million-dollar salary, said he had received nearly eight million dollars in JPMorgan Chase shares for 2009, with options on an additional 563,000 shares.
In 2007 Dimon received 28 million dollars in bonuses; he declined to take any compensation other than his salary in 2008.
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Posted by Editor on 02/12/10 at 05:49 PM •
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